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While many professionals understand the abstracts of corporate cash accounting, the actual application of these principles to securities transactions remains confusing. Attend a clear, simple presentation on topics such as trade figuration, margin, stock record, dividend and interest balancing and segregation control. You will also get a high-level overview of SEC 15c3-1 Net Capital and 15c3-3 Customer Protection requirements.
| Topics include: |
• Explanation of accounting basics, terminology and definitions
• Organizational structure of a Brokerage Accounting area
• Overview of Stock Record, including the accounting for securities movements |
• Regulations requiring specific books and records of a firm
• Required books and records of a brokerage firm
• Review of annual and FOCUS reports |
| Benefits of attendance: |
• Appreciate the importance of the regulators
• Explore infrastructure and functionality
• Grasp the basics of regulatory rules |
• Grasp the importance of controls and reporting
• Learn how this function interacts within the firm
• Understand the basics of brokerage accounting |
| Staff from the following areas should attend: |
• Accounting
• Financial Reporting
• Information Technology |
• Regulatory Reporting
• Risk Management
• Treasury |
Basic knowledge of the securities industry and capital markets preferred |
